Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 159.42

-1.2%

Jan 16 9:30 AM EST

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To: David E. Taylor who wrote (113228)	2/13/2002 9:19:16 PM
From: sea_biscuit	Read Replies (1) of 152472

Anybody know anything more about this? (From grantsinvestor.com Turning to the news, there are a handful of things worth discussing. More accounting questions are being answered as the SEC appears to be looking into (in no particular order) Microsoft, Qwest (Q), and EMC. I suspect this list will grow somewhat portly as the sleuths target the various and sundry shenanigans that aided and abetted corporate America in its pursuit of higher stock prices, no matter what. Regarding SEC's investigation of EMC, a former company executive claims that they improperly booked sales, specifically, that goods were shipped to certain resellers so as to avoid having to account for inventory. Whether EMC did this, I do not know. But I do know that tactics like stuffing the channel, shipping product after the end of the quarter, etc. are practices rumored to have occurred at many companies in the last few years. And after seeing what corporate America is capable of doing, would anyone be surprised to learn that the suspicions have merit?

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